# Why Biden will try to enforce Trump’s phase one trade deal with China | PIIE

> The US Trade Representative said the Biden administration will continue enforcing China's commitments under the Phase One agreement, including agricultural purchases. US tariffs on Chinese imports will stay in place for now. The analysis examines the policy continuity.

- Date: 2021-10-04 · published 2021-10-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/44413-why-biden-will-try-to-enforce-trump-s-phase-one-trade-deal-with-china-piie
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Enforcing the purchase commitments supports expected US farm export demand, particularly soybeans and corn. Keeping tariffs in place leaves room for trade friction that could disrupt flows.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-11 | [Trump announces 'phase one' trade deal with China](https://feedsoft.ai/events/56427-trump-announces-phase-one-trade-deal-with-china.md) | +0.9% | +0.2% |
| SOY | 2020-05-27 | [China facing soybean dilemma as it tries to balance phase one trade deal with self-reliance \| South China Morning Post](https://feedsoft.ai/events/52988-china-facing-soybean-dilemma-as-it-tries-to-balance-phase-one-trade-deal-with.md) | +0.4% | +3.3% |
| SOY | 2020-05-27 | [China buys more; will it be enough for Phase One?](https://feedsoft.ai/events/52985-china-buys-more-will-it-be-enough-for-phase-one.md) | +0.4% | +3.3% |
| SOY | 2019-10-11 | [Day 1 of U.S.-China trade talks ends with hopes for limited deal](https://feedsoft.ai/events/56618-day-1-of-u-s-china-trade-talks-ends-with-hopes-for-limited-deal.md) | +0.9% | +0.2% |
| SOY | 2020-08-17 | [China is far behind farm purchases needed to fulfill terms of trade deal with U.S. - Medill News Service](https://feedsoft.ai/events/51476-china-is-far-behind-farm-purchases-needed-to-fulfill-terms-of-trade-deal-with-u.md) | -0.3% | +12.8% |
| CORN | 2019-10-11 | [Trump announces 'phase one' trade deal with China](https://feedsoft.ai/events/56427-trump-announces-phase-one-trade-deal-with-china.md) | +2.8% | +0.3% |
| CORN | 2019-12-16 | [Factbox: What is actually in the U.S.-China 'Phase One' trade deal?](https://feedsoft.ai/events/55443-factbox-what-is-actually-in-the-u-s-china-phase-one-trade-deal.md) | +4.2% | +4.8% |
| CORN | 2020-05-27 | [China buys more; will it be enough for Phase One?](https://feedsoft.ai/events/52985-china-buys-more-will-it-be-enough-for-phase-one.md) | +1.4% | +2.2% |

## Sources

- piie.com: https://www.piie.com/blogs/trade-and-investment-policy-watch/2021/why-biden-will-try-enforce-trumps-phase-one-trade-deal

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.